3 Dividend Stocks Yielding Over 4% to Buy in April

Group 1: Chevron - Chevron stock is currently near a three-year low, presenting a potential buying opportunity for income investors [3] - The company has a strong track record of raising dividends for 38 consecutive years, with a current yield of 4.8% [4] - Chevron maintains a solid balance sheet with $17.2 billion in net long-term debt and a low debt-to-capital ratio of 13.6$50 per barrel [6][7] - Chevron's geographic diversification and significant refining business provide resilience, allowing it to support dividends even during downturns [8][9] Group 2: Brookfield Renewable Partners - Brookfield Renewable Partners offers a forward yield of 7.3%, appealing to investors seeking stability amid market volatility [10] - The company operates a large global green energy portfolio of approximately 46 gigawatts, with 90% of its generation capacity contracted [12][13] - Brookfield has consistently increased its dividend by at least 5% annually since its IPO in 2011, with a goal to continue this trend [14][15] Group 3: MSC Industrial Direct - MSC Industrial Direct may face near-term risks due to potential industrial recession linked to U.S. tariffs, but the long-term outlook is positive as manufacturing shifts back to the U.S. [16][18] - The company has limited exposure to tariffs, with only 10% of its cost of goods sold coming from China, and most products sourced domestically [18][19] - If the global economy avoids recession and the U.S. industrial base is reinvigorated, MSC Industrial could be a strong long-term investment [19]